Nareos Sign Distribution Agreements With IODA, IRIS Distribution, Zebralution, and Big Fish Media

Nareos Sign Distribution Agreements With IODA, IRIS Distribution, Zebralution, and Big Fish Media

Agreements Provide New Digital Sales Channels for Independent Artists

BEVERLY HILLS, California, June 21/PRNewswire/ -- Nareos Inc., the pioneering digital content commerce service
provider, today announced distribution agreements with digital music
distributors IODA, IRIS Distribution, Zebralution, and Big Fish Media. The
latest agreements expands Nareos' catalog to 2 million songs, and provides
new PC and mobile sales channels for independent music artists.

IODA, whose catalog includes tracks from Antony and the
Johnsons, Fall Out Boy, Animal Collective, Seu Jorge, and music from more
than 2,000 other indie labels worldwide; IRIS Distribution, representing
Coldcut, Burning Spear Le Tigre, Spank Rock, and other artists from prominent
independent labels; Zebralution, representing German chart-topper Xavier
Naidoo, dance pioneers Snap! and hundreds of other artists, and Big Fish
Media, representing Sounds True, Water Music, SoulFood, Altrisuoni, and
thousands of hand-picked indie label albums, will be able to distribute their
music content legally via Nareos' flagship mobile peer-to-peer (P2P)
file-sharing service PeerBox(TM) Mobile as well as via Nareos' online store,
MyPeerBox(TM) and across open file-sharing networks using Nareos
PeerReach(TM) distribution service.

Nareos' revolutionary PeerBox(TM) Mobile (www.peerboxmobile.com) service
allows music to be legally downloaded directly from P2P file-sharing
networks, or from Nareos' MyPeerBox(TM) catalog, onto a
mobile phone - with audio fingerprinting technology built in to recognize
copyrighted materials to offer them for sale.

Nareos' CEO, Alexander Lazovsky, commented, "We are very
pleased to be working with the best names in independent digital music
distribution. These agreements substantially strengthen our offering to
Internet and mobile phone users who need a convenient way to search for and
purchase music they like anytime, anywhere. We are committed to developing
alternative and profitable channels for digital music distribution."

About Nareos:

Nareos is a pioneering digital content commerce service
provider. The company's flagship service, PeerBox(TM) Mobile
(www.peerboxmobile.com), is the first peer-to-peer file sharing network on
mobile phones enabling mobile phone users to legally search, download and
share digital content. PeerBox(TM) enables mobile phone users to search and
download millions of songs, ringtones, short videos and pictures, a
combination of premium licensed content from Nareos' digital media store
MyPeerBox(TM) (www.mypeerbox.com) and free unclaimed content found in open
P2P networks. Nareos' other unique services include PeerReach(TM) - which is
facilitating the move towards the legal downloading of music, motion picture
and additional digital content on P2P networks, and PeerMind(TM)
(www.peermind.com) - the data mining service of global P2P traffic. Nareos
has a fast expanding client base of record labels and digital content
distributors, and offers a rich catalog of premium content with distribution
and sale rights worldwide.

Founded in 2004, Nareos is a privately held company led by
Founder and CEO Alexander Lazovsky. Nareos is headquartered in Beverly Hills,
CA with R&D facilities in Israel and recently established Nareos UK
subsidiary. For more information visit www.nareos.com.

Press Contact: For further information or visuals please
contact Caroline Cohen at Koteret PR: Email: caroline_c@koteret.com or Tel:
+972-3-5755778-ext112

Source: Nareos Inc.

Press Contact: For further information or visuals please contact Caroline Cohen at Koteret PR: Email: caroline_c@koteret.com or Tel: +972-3-5755778-ext112

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